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5781  Economy / Services / Re: [BIT-X.com] Earn Bitcoins by Posting | Signature Campaign on: December 30, 2014, 08:03:05 PM
I'm having issues signing up on Bit-X. On the phone listing do we just pick our country then put area code and phone number or just phone number or what? Tried both and can't sign up either way.

when you register

you choose your country +
put your number after that and then you will receive a message
after that message you just put the code that was given and thats pretty much it Smiley
Yep tried, code isn't sent. Logged into my coinbase using same format and it worked, Bit-x doesn't seem to for me atm. oh well

If you're UK based, just enter mobile number without zero in the front, after area code +44 (UK).

The text message didn't work for me neither, but the other option - 'call me' did the trick.
5782  Economy / Exchanges / Re: [ANN] BIT-X.com | Exchange BTC, LTC, USD, EUR, GBP | Instantly Mine & Trade GH/s on: December 30, 2014, 05:53:20 PM
I just created the account and was testing how the buying/selling works. I tried to create new order: buy 1 btc at 200 GBP, but couldn't.

Seems it's not possible to manually feed both fields: "Get" and "Pay", if I enter one figure, the other fills in automatically.
Thought it's due to the fees, but these are added later on (as shown in "order details" part).

Am I doing something wrong? Is it possible to place a specific order (buy 1 BTC at 200 GBP)?




Also, your text message verification didn't work for me, had to use 'call me' option instead.
5783  Economy / Exchanges / Re: [ANN] BIT-X.com | Exchange BTC, LTC, USD, EUR, GBP | Instantly Mine & Trade GH/s on: December 30, 2014, 05:35:21 PM
ok, thanks... respond they much... not interested anymore Angry

This thread is not regularly monitored. If you have any urgent question, use support ticket instead.
5784  Economy / Services / Re: [BIT-X.com] Earn Bitcoins by Posting | Signature Campaign on: December 30, 2014, 05:15:18 PM
Re-applying:

Post count (incl this one): 1038, at the last payment: 1028

Bit-x addy: 3C567Cpc83Qm4na1kyaKnzHVhpJkR52NUS

Thanks
5785  Economy / Services / Re: [BIT-X.com] Earn Bitcoins by Posting | Signature Campaign on: December 30, 2014, 10:29:56 AM
Then the posts made from now until the new open date won't be counted?

And enrolled users are free to change sig and put it back if/when they re-enroll?


+1

Imo, they should be counted (rolled over) for the next term.

And if the campaign won't re-open, the posts till 31st should be paid for (as per original terms).
5786  Bitcoin / Bitcoin Discussion / Re: Russia's Ministry of Economic Development criticises bitcoin ban on: December 30, 2014, 10:22:38 AM
I don't think it is easy! Their currency is high inflation! All of ppl there are looking for the way of storing value. If they allow bitcoin, probably the rupee will further clash. No regulators there want to see this happen!

It's Ruble not Rupee.

And technically, if they created friendly regulations, allowed exchanges, mining and all the other BTC accepting businesses, it could result in net money inflow to Russia.
5787  Economy / Services / Re: Signature campaign: earn 10TH worth of cloudy mining and 0.1 BTC bonus on: December 29, 2014, 10:52:07 PM
I'm confused. Do you start out with 10TH? Does each post earn you xxx GH/s or what is the payout schedule? I'm interested in joining, but would like to know more.

Puppet was making a joke.

You get 10 TH and profits are automatically 100% re-invested, process goes on forever, therefore you'll never get any payout.
But you still get the satisfaction of owning, shitload of (non-existent) mining power, just like with the cloud-mining ponzis.
5788  Bitcoin / Bitcoin Discussion / Re: Russia's Ministry of Economic Development criticises bitcoin ban on: December 29, 2014, 09:30:36 PM
Would be good if they changed their mind. We really need some official positive news from Russian gov about digital currencies.

It actually may happen. I don't think that any Russian ministry would just jump out and go against official government's stance. Seems like they're preparing the field for the government to re-consider the ban.

Maybe they figured out that cryptos can have positive effect on their economy and/or help stabilise Rubble.

Hope I'm not over-optimistic here.
5789  Bitcoin / Bitcoin Discussion / Russia's Ministry of Economic Development criticises bitcoin ban on: December 29, 2014, 09:12:34 PM
Change of heart in Russia?

Is it possible they re-thinking their approach to cryptos and will eventually allow them?

Quote
Russia's Ministry of Economic Development has criticised a proposed ban on "cash equivalents", according to a report.

The ministry said that legislation aimed at banning cash equivalents, including digital currencies like bitcoin, could have negative effects on retailers, telecom operators and banks.

Specifically, some provisions of the bill could create excessive restrictions and obligations, creating unreasonable costs for businesses, it said. The ministry therefore asked that the bill be reworked and resubmitted for further consideration.

The bill in question was drafted earlier this year by the Russian Ministry of Finance, and would prevent the issuance of digital currencies and all operations involving digital currencies – effectively placing a ban on the fledgling technology.

http://www.coindesk.com/russian-ministry-criticises-draft-bill-banning-bitcoin/

Also:

https://www.cryptocoinsnews.com/russia-reconsidering-bitcoin-ban-2015/
5790  Economy / Service Discussion / Re: bitcoinfoundation.org not sending lifttime-membership account details. on: December 29, 2014, 05:24:53 PM
Quote
There are plenty of 100k transactions that happen every day on the block chain. The reason he made that thread was to prove that TBF was not going to be transparent in giving out their bitcoin addresses to show how much bitcoin they have, how much they are spending or what they have received

No honestly I  made this thread because I am still waiting for my user details (I payed for the liftetime membership). I still can not login.
At least I hoped someone from the bitcoin foundation team will respond when I start a thread here, but seems like they give a fuck about.

Just imagine you canīt login to paypal and nobody from paypal feels responsible to help you though you are a verified paypal member and payed into your account.

I hope someone will get in touch with me and solve this problem.

Willisius is referring to Phinnaeus Gage's thread.


@Willisius - apparently (until then) TBF claimed to be using one address for all donations (for transparency) and there was no $100k transaction on that address. If I recall correctly, Patrick Murck explained later that KNC paid in some other way.

5791  Economy / Gambling / Re: PRCDice.eu - Largest Dice invest site - Open since 2013! Chat, Play, Invest! on: December 29, 2014, 02:23:15 PM
Thanks for explanation.

So, if I got this right, as per my example "a) 0.25 kelly":

Quote
I know 1/4 kelly is the least risky and 10x kelly the most risky, but how does it work in practice? What happens in the scenario:

Bankroll is 100 BTC, I have 1 BTC invested, player wins/loses 1 BTC. What's my profit/loss if:

a) I have 1 BTC invested on 1/4 kelly
...

Let's ignore all the operator commission for easier calculation.

Assuming that all the other investments (99 BTC) are on 1x kelly, then:

a) 0.25 kelly
Max payout: (BTC99*1*0.01) + (BTC1*0.25*0.01)= BTC0.9925

Player wins BTC1:
BTC1 + ((-1 * BTC1 * 0.25 * 0.01 )/0.9925)= BTC0.99748110

Player loses BTC1:
BTC1 + ((1 * BTC1 * 0.25 * 0.01 )/0.9925)= BTC1.00251889


Quote
Also, does it make any sense to spread the investment, say 0.5 BTC on 1/2 kelly and 0.5 on 2x kelly, or is it perfectly the same as investing 1 BTC on 1x kelly?

^ So the above split won't make sense, as the results would be the same as with BTC1 on 1x kelly.

But you can still mix it up, say you want more than x2 but x5 is too much of a risk, and you want something around x3. So you can split it proportionally, put some on x2 and some on x5.
5792  Economy / Gambling / Re: PRCDice.eu - Largest Dice invest site - Open since 2013! Chat, Play, Invest! on: December 29, 2014, 12:49:36 PM

Noob question regarding "x Kelly" investment options. How does it really work? There's a 'more info' on the test site (in invest window) but nothing there yet.

I know 1/4 kelly is the least risky and 10x kelly the most risky, but how does it work in practice? What happens in the scenario:

Bankroll is 100 BTC, I have 1 BTC invested, player wins/loses 1 BTC. What's my profit/loss if:

a) I have 1 BTC invested on 1/4 kelly
b) 1 BTC invested on 10x kelly

Let's ignore all the operator commission for easier calculation.


Also, does it make any sense to spread the investment, say 0.5 BTC on 1/2 kelly and 0.5 on 2x kelly, or is it perfectly the same as investing 1 BTC on 1x kelly?

5793  Economy / Services / Re: [BIT-X.com] Earn Bitcoins by Posting | Signature Campaign on: December 28, 2014, 09:47:32 PM
Got my payment. Thanks Marco!

Don't know whether we need to officially re-apply. If so, I'd like to continue for the next month.

All my details are the same.
Post count (incl. this one): 1029
5794  Bitcoin / Mining speculation / Re: Next Halving in 2016 Mining consequences ? on: December 28, 2014, 08:07:08 PM
What do you think will happen in 2016 when the next halving is going to happen ?

1. Bitcoin will keep almost same price, and miners will just get half the BTC.

2. Even tho we will mine half bitcoins, bitcoin price will explode just because it's harder to mine.

Which one you belive is more probable to happen ?

i believe that point 2 would happen.
after the reward halving some more people need to buy bitcoin, that increases the demand. (assuming that they need bitcoin!)
because it would be less profitable for the most to run a miner efficient.

Miners will have half less bitcoins to sell on the markets but the same maintenance costs which is bullish for the price.
How is it bullish? Wouldn't it be rather good, as the price would go up, as less sellers would be there?

That's exactly what he meant by "bullish".

Bear market Vs Bull market:

http://www.investopedia.com/ask/answers/129.asp
5795  Economy / Service Discussion / Re: bitcoinfoundation.org not sending lifttime-membership account details. on: December 28, 2014, 02:28:26 PM
May I ask you something please
What do you earn from being a Lifetime member on Bitcoinfoundation ? because I still don't get it . and I'am pretty sure I saw someone around here who paid around 100k $ to be a Premium or Silver Member or whatever (give me some minutes to find the thread) ... why do you guys pay such amounts to be members on that community Shocked what do you earn from that
I think it was Phinnaeus Gage but I haven't seen him on the list so I guess he just tried to troll.Also if you are a simple person you pay max 250$ and if you want your company to be on the top list you pay 100000$

Yes, it was PG. He didn't pay that, but he also wasn't trolling. He did this stunt to point out that there's no $100k (in bitcoin) transaction on the blockchain, which KNC was supposed to pay for their platinum membership.
5796  Other / Beginners & Help / Re: Have I Been Scammed By This Service??? on: December 28, 2014, 08:32:08 AM
Yup, obvious scam.

Surprisingly they're asking for credit card/ paypal payments not bitcoin, so hopefully OP will get his 'investment' back.
5797  Economy / Gambling / Re: Best dice site to invest in. on: December 27, 2014, 11:18:34 PM

Not my fault if you don't go through the forum posts correctly, and just side with people, just because probably they have your investments or you get your 0.001 from affliates weekly.
...

I don't side with people just because they have my investment, if anything - it's the other way around.

What's the "0.001" about? Where did you get it from? Out-of-the-ass figure to suggest I shill for few pennies/week? Is that what you tried to do?

I'm not re-reading anything, as it's not worth my time (not very entertaining if you're not part of it), it's an issue between you and Dean, I just remembered that it wasn't a case of you simply reporting a bug and Dean not paying. There was a bit more to that story, wasn't it?

My problem is you trying to take revenge by spreading incorrect info. Lets take a look again:

You should also note that the site owner has a negative trust from trusted members on the forum.
He is also know not to pay affliates, and skip promised pay for bug bounties.  I would be careful investing my money in such an owner.

See the subtle plural form (in bold) you used probably to suggest it's notorious for PRC not to pay/scam/steal or whatever. While the true is (afaik):

- Dean has 1 negative from 1 trusted member (default trust) - BayAreaCoins, who is also the only affiliate who didn't get paid. Again, there's more to that story (but I did side with BAC on this one).
- Since Doog's bounty issue has been resolved (the hard way, but still), your bounty (deserved or not) is probably the only 1 not paid.

It's best to resolve your issues in the relevant threads, and if that's not an option, do it properly and write a full story, don't be misleading.

And as much as you may not like it, the fact is the PRC is currently the most trusted dice investment site (based on the amount invested). Feel free to prove me wrong.
5798  Economy / Gambling / Re: [SafeDICE.com] Bitcoin Dice ★ Low 0.5% Edge ★ Referral ★ Fast Cashout ★ Fair on: December 27, 2014, 09:15:31 PM
We just crossed 1,400,000 bets, and the site's profit is above 1 BTC again Smiley

All thanks to me Sad

Lost BTC0.66 today.

Just a late xmas gift to the investors. You're welcome  Wink

Yes I just saw you lost those 0.5 bet, hope you have a good time Cheesy


Lol, I finally made it to the 'high bets' tab and I'm #1 in Daily Wager leaderboard - so totally worth it!
5799  Economy / Gambling / Re: Best dice site to invest in. on: December 27, 2014, 09:06:57 PM

You should also note that the site owner has a negative trust from trusted members on the forum.
He is also know not to pay affliates, and skip promised pay for bug bounties.  I would be careful investing my money in such an owner.

You mean the critical bug report, which wasn't critical, which you haven't properly reported and for which you demanded 1 BTC upfront payment (if I remember correctly)?


5800  Economy / Gambling / Re: [SafeDICE.com] Bitcoin Dice ★ Low 0.5% Edge ★ Referral ★ Fast Cashout ★ Fair on: December 27, 2014, 05:09:04 PM
anybody else having trouble to access the site?

first page keeps loading forever right now.

Yup, same here, stuck on login page
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